FreeAgent

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreeAgent
Score 6.5 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.
$13.50
per month
Pricing
FreeAgent
Editions & Modules
FreeAgent
$13.50
per month
FreeAgent
$135
per year
Offerings
Pricing Offerings
FreeAgent
Free Trial
Yes
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details
More Pricing Information
Community Pulse
FreeAgent
Features
FreeAgent
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
Ratings
11% above category average
Pay calculation8.00 Ratings
Benefit plan administration8.50 Ratings
Direct deposit files8.90 Ratings
Salary revision and increment management8.80 Ratings
Reimbursement management8.70 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
6.7
Ratings
13% below category average
API for custom integration4.50 Ratings
Plug-ins8.90 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
Ratings
2% above category average
Single sign-on capability9.00 Ratings
Role-based user permissions8.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
6.4
Ratings
21% below category average
Dashboards7.10 Ratings
Standard reports7.60 Ratings
Custom reports4.40 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
8.7
Ratings
11% above category average
Accounts payable8.00 Ratings
Accounts receivable8.50 Ratings
Cash management8.50 Ratings
Bank reconciliation9.00 Ratings
Expense management8.90 Ratings
Time tracking9.00 Ratings
Fixed asset management8.60 Ratings
Multi-currency support8.10 Ratings
Multi-division support9.00 Ratings
Regulations compliance8.70 Ratings
Electronic tax filing9.10 Ratings
Self-service portal9.00 Ratings
Journals and Reconciliations8.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
Ratings
1% above category average
Inventory tracking7.70 Ratings
Automatic reordering8.20 Ratings
Location management4.50 Ratings
Manufacturing module9.10 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
Ratings
5% above category average
Pricing8.10 Ratings
Order entry6.80 Ratings
Credit card processing8.20 Ratings
Cost of goods sold9.10 Ratings
Best Alternatives
FreeAgent
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
All AlternativesView all alternatives
User Ratings
FreeAgent
Likelihood to Recommend
8.1
(0 ratings)
Likelihood to Renew
9.0
(0 ratings)
Usability
8.5
(0 ratings)
Availability
8.9
(0 ratings)
Performance
9.1
(0 ratings)
Support Rating
1.0
(0 ratings)
Implementation Rating
1.0
(0 ratings)
Product Scalability
8.2
(0 ratings)
User Testimonials
FreeAgent
Likelihood to Recommend
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
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Pros
  • Recurring invoices with automated follow-up is fantastic for helping to get paid on time
  • Automated bank transfers are the easiest way to ensure that I can reconcile my accounts with ease
  • Support is fantastic
  • Built-in Time tracking for projects/tasks (integration with Basecamp to get this info) is fantastic, it allows us to accurately track what we are working on and get paid for it!
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Cons
  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
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Likelihood to Renew
We have used Freeagent for many years now and it serves us well for our needs. To change it would mean a lot of work, and this would most likely only happen if the cost became prohibitive to us.
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Usability
It is a great software that does everything we need for small business clients. It allows to keep the books in a cloud from bookkeeping to accounts production and tax returns, all in one software. There are no major drawbacks and I would highly recommend it for most of our clients.
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Reliability and Availability
Based in a cloud and never had any issues with down time. I can access from any device
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Support Rating
I have never personally used support
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Implementation Rating
Did not participate
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Alternatives Considered
I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent indispensable to my business.
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Return on Investment
  • Has freed up a lot of time based on my previous system of managing my invoicing and accounts through Word and Excel
  • I have an accurate day to day handle on the financial position of my business so I can manage my cashflow better
  • The inbuilt time recording against projects has saved time in creating the invoices but also tracks my profitability on the work I do
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ScreenShots